Ethereum News Today: Bitcoin, Ethereum Trade Sideways After US-EU Trade Deal Despite ETF Inflows and 51.9% Ethereum Large Transactions Rise

Cryptocurrency markets remained range-bound early Monday after a weekend of mixed signals, with Bitcoin and Ethereum failing to capitalize on a potential catalyst from the U.S.-EU trade agreement. Despite Ethereum briefly surpassing $3,900 over the weekend, prices for major assets including Bitcoin (BTC/USD, $118,799.41), XRP (XRP/USD, $3.24), and Dogecoin (DOGE/USD, $0.2410) showed limited directional momentum. The lack of follow-through demand highlighted cautious sentiment among traders, with IntoTheBlock data indicating a 0.6% decline in Bitcoin’s large transactions and a 51.9% increase for Ethereum, contrasting with falling daily active addresses for both coins [1]. Coinglass reported 93,881 liquidations totaling $248.12 million in the prior 24 hours, underscoring heightened volatility in leveraged positions [2].

The U.S.-EU trade deal, announced late last week, failed to spark a broad rally in crypto markets, which had previously rallied ahead of the agreement’s announcement. Analysts noted that institutional Bitcoin ETF inflows on Wednesday had totaled $130.7 million, while Ethereum ETFs saw stronger net inflows of $452.7 million, suggesting continued institutional interest in Ethereum [3]. However, this optimism was tempered by technical indicators: Glassnode highlighted that Bitcoin’s support between $110,000 and $117,000 had held during recent dips, creating a “bullish staircase” pattern as accumulation persisted across price levels [4].

Retail traders and analysts offered diverging views on near-term prospects. IncomeSharks, a crypto trader, argued that Bitcoin could either “break out” to $125,000 by August or consolidate to $112,000 before resuming its upward trend. Meanwhile, AshCrypto drew parallels between Bitcoin’s four failed attempts to breach $12,000–$14,000 before a 350% rally and Ethereum’s current test of the $4,000–$4,200 range. If the pattern repeats, Ethereum could see a similar parabolic move [5]. Cyclop, another trader, reinforced this view, noting Ethereum’s refusal to allow lower entry points—a sign of accumulation—and predicting a sharp rise to $4,800 [6].

The sideways trading environment reflected broader macroeconomic uncertainty, as investors balanced optimism over the U.S.-EU trade pact with concerns about global liquidity and inflation expectations. While Ethereum’s on-chain metrics suggested strong accumulation, Bitcoin’s price action remained constrained by its established support range. The absence of a clear breakout above $120,000 for Bitcoin or $4,200 for Ethereum left markets in limbo, with traders awaiting further signals from macroeconomic data or regulatory developments.

Source: [1] [Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways After US-EU Trade Deal] https://www.benzinga.com/crypto/cryptocurrency/25/07/46657057/bitcoin-ethereum-xrp-dogecoin-trade-sideways-after-us-eu-trade-deal?utm_source=coingecko&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site